Comment Text:
10-005
COMMENT
CL-02769
Greg Mathews
4310 Wiley Post Road, Suite :200
Addison, TX 7500:2
Secretary of the Commission
Commodity Futures Trading Commission
Three Lafayette Centre
:2155 2:2st Street NW
Washing, ton, DC 20581
Dear Sir,
Thank for the opportunity to comment on the issue of position limits for precious
metals. Please establish a speculative position limit in COMEX silver of no more
than :2500 contracts. Please restrict any hedging exemptions from those limits to
legitimate hedgers. Please stop the levels of concentration in COMEX silver
futures that have been experienced over the past few years on the short side of
the market.